Summer Tyme Inc. is considering a new 3-year expansion project that requires an initial fixed asset investment of $3.672 million. The fixed
asset will be depreciated straight-line to zero over its 3-year tax life after which time it will have a market value of $285600. The project
requires an initial investment in net working capital of $408000. The project is estimated to generate $3264000 in annual sales with costs
of $1305600. The tax rate is 31 percent and the required return on the project is 16 percent.
(Click to select) -4284000 -3876000 -4080000 -4488000 -3672000 (Click to select) 1557662 1644199 1730736 1903810 1817273 (Click to select) 1817273 1730736 1557662 1644199 1903810 (Click to select) 2452590 2335800 2219010 2569380 2102220 (Click to select) 194681 1573323 204415 -673293 215042
rev: 09_18_2012